The Nasdaq 100 extends its decline to over -1.7% on the day amid growing concerns around Oracle’s debt.
The “AI is a bubble” crowd has returned.
But, we continue to view this as near-term volatility in a broader move higher.
BOJ – Dec 19.
Rate hike announcement incoming.
Perfect timing 👌🏽
Yen carry unwind will be violent — straight into a weekend and Christmas week. Liquidity drain + positioning = chaos.
Trades:
• Short USDJPY
• Long JPY
• Long EUR
• Long U.S. bonds for safety
This isn’t noise. This is structure.